Horizon Funds Competition
| DIVN Etf | 28.03 0.00 0.00% |
Horizon Funds and Tidal Trust Correlation View
Good diversification
For the present investment horizon, the measured correlation between DIVN and DIVE stands at -0.11, or Good diversification. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Moving together with Horizon Etf
Moving against Horizon Etf
Valuation-driven investors use mean reversion to time Horizon Funds' investments: buying when it trades materially below its historical average valuation multiples and selling when it reaches premium territory.
Horizon Funds Competition Correlation Matrix
Correlation analysis between Horizon Funds and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. A reading near +1 usually means prices have moved in tandem, a reading near -1 suggests opposite movement, and a reading near zero points to weaker historical dependence.
High positive correlations
| High negative correlations
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Horizon Funds Constituents Risk-Adjusted Indicators
Horizon Funds ETF may look attractive on headline returns alone, but deeper analysis often tells a different story. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DHDG | 0.32 | 0.02 | 0.00 | -0.04 | 0.00 | 0.53 | 1.89 | |||
| MBCC | 0.59 | -0.01 | 0.00 | -0.10 | 0.00 | 1.33 | 3.34 | |||
| DHLX | 0.57 | 0.01 | 0.00 | -0.07 | 0.00 | 0.89 | 3.40 | |||
| DIHP | 0.68 | 0.09 | 0.10 | 0.04 | 1.08 | 1.36 | 5.06 | |||
| MCDS | 0.68 | 0.07 | 0.00 | -0.02 | 0.00 | 1.30 | 4.58 | |||
| MCHS | 1.00 | 0.28 | 0.23 | 0.40 | 1.12 | 2.46 | 8.57 | |||
| DINT | 0.82 | 0.02 | 0.00 | -0.07 | 0.00 | 1.67 | 6.68 | |||
| DISV | 0.71 | 0.13 | 0.13 | 0.10 | 1.07 | 1.55 | 5.04 | |||
| DIVE | 0.64 | -0.08 | 0.00 | 0.21 | 0.00 | 1.37 | 3.57 |
Horizon Funds Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
Horizon Funds Competition Peer Performance Charts
How to Analyze Horizon Funds Against Peers
Horizon Funds' peer analysis compares Horizon Funds with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Horizon Funds trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Horizon Funds leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
EPS growth trajectory comparison for Horizon Funds versus peers cuts through one-quarter earnings surprises and focuses on structural earnings expansion across periods. Peer analysis may also reveal when current market leaders are beginning to converge back toward group averages.
For Horizon Funds , this section uses fund disclosures and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist.